Comcast Corporation (CMCSA) Position Cut by Fiera Capital Corp

Mae Love
December 8, 2017

Western Digital Corporation (NASDAQ:WDC) has risen 125.85% since December 7, 2016 and is uptrending. It has outperformed by 13.04% the S&P500.

James Dinan increased its stake in Western Digital Corp (WDC) by 32.79% based on its latest 2017Q2 regulatory filing with the SEC. Clearbridge Investments LLC now owns 97,454,749 shares of the cable giant's stock valued at $3,663,324,000 after purchasing an additional 48,147,456 shares in the last quarter. The Pointstate Capital Lp holds 9.19M shares with $357.68M value, up from 5.57M last quarter. Marvin & Palmer Associates Inc who had been investing in Comcast Corp. for a number of months, seems to be bullish on the $180.55 billion market cap company. The stock decreased 1.92% or $0.74 during the last trading session, reaching $37.89. Mutual of America Capital Management LLC now owns 679,346 shares of the cable giant's stock worth $25,537,000 after purchasing an additional 395,902 shares during the period. Hanson Mcclain has invested 0.06% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Moreover, Winslow Mgmt Limited Liability Com has 1.44% invested in Comcast Corporation (NASDAQ:CMCSA). Therefore 83% are positive. The company now has an average rating of "Buy" and a consensus price target of $45.72. IberiaBank had 41 analyst reports since August 25, 2015 according to SRatingsIntel. Finally, Nomura lowered their price objective on shares of Comcast from $46.00 to $42.00 and set a "buy" rating on the stock in a research note on Friday, October 27th. As per Wednesday, August 19, the company rating was upgraded by MoffettNathanson. As per Monday, October 24, the company rating was upgraded by Macquarie Research. SunTrust initiated Comcast Corporation (NASDAQ:CMCSA) on Wednesday, November 11 with "Neutral" rating. Oppenheimer has "Buy" rating and $4300 target. The firm has "Outperform" rating given on Wednesday, January 6 by Credit Suisse. The firm has "Hold" rating by Cowen & Co given on Wednesday, September 6. On Friday, October 27 the stock rating was maintained by Barclays Capital with "Overweight". The stock has "Buy" rating by Pivotal Research on Monday, June 26.

Investors sentiment decreased to 1.01 in 2017 Q2. Its down 11.82, from 12.83 in 2017Q1.

Several other institutional investors and hedge funds have also bought and sold shares of CMCSA. Finally, First Eagle Investment Management LLC raised its stake in Comcast by 56.9% during the first quarter. Wallington Asset Mngmt Ltd Liability Com reported 12,748 shares or 0.14% of all its holdings. 16,889 were accumulated by Signaturefd Ltd. Palisades Hudson Asset Management LP invested in 0.16% or 7,124 shares. (NASDAQ:DISCA). Tci Wealth Advsrs Inc, a Arizona-based fund reported 232 shares. KeyCorp reaffirmed a "hold" rating on shares of Comcast in a report on Tuesday, October 17th. Ngam Advisors Limited Partnership owns 0.02% invested in Visteon Corporation (NYSE:VC) for 16,897 shares. Crow Point Limited Com, a Massachusetts-based fund reported 450,200 shares.

In related news, Director Kenneth J. Bacon sold 7,500 shares of the company's stock in a transaction that occurred on Thursday, May 25th.

Bank Of New York Mellon Corp, which manages about $354.65 billion US Long portfolio, decreased its stake in Canadian Natl Railway Co (NYSE:CNI) by 146,961 shares to 778,127 shares, valued at $63.07M in 2017Q2, according to the filing. Thornburg Investment Mngmt Inc reported 301,249 shares. They expect $0.48 earnings per share, up 9.09% or $0.04 from last year's $0.44 per share. Vision Cap Mngmt invested 0.07% in Comcast Corporation (NASDAQ:CMCSA). Ally invested in 0.5% or 65,000 shares. Crawford Investment Counsel invested 0.01% of its portfolio in Comcast Corporation (NASDAQ:CMCSA).

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Comcast (NASDAQ:CMCSA) last released its earnings results on Thursday, October 26th. The institutional investor held 273,613 shares of the television services company at the end of 2017Q2, valued at $10.65 million, up from 64,860 at the end of the previous reported quarter. It also reduced Aclaris Therapeutics Inc stake by 132,300 shares and now owns 838,800 shares. Great Lakes Advsr Lc has 0.08% invested in Comcast Corporation (NASDAQ:CMCSA).

Among 4 analysts covering Severfield (LON:SFR), 4 have Buy rating, 0 Sell and 0 Hold. The firm has "Buy" rating by Moffett Nathanson given on Tuesday, September 12. As per Thursday, August 17, the company rating was maintained by Jefferies. Pivotal Research has "Buy" rating and $95 target. The stock of Next Plc (LON:NXT) earned "Hold" rating by Peel Hunt on Wednesday, November 2. On Tuesday, January 10 the stock rating was maintained by Peel Hunt with "Buy". As per Tuesday, September 29, the company rating was maintained by Macquarie Research.

Another recent and important WPX Energy, Inc. "(WDC) at Outperform" on November 15, 2017, also with their article: "Toshiba, Western Digital close to settling dispute" published on December 01, 2017, published: "Western Digital Corp (NASDAQ:WDC) Heffx Technical Analysis" on December 01, 2017.

Investors sentiment decreased to 0.82 in 2017 Q2.

Since June 12, 2017, it had 0 buys, and 1 insider sale for $962,385 activity. Rockland Tru invested in 2.12% or 348,153 shares. 47 funds opened positions while 147 raised stakes. 379.18 million shares or 3.04% more from 367.99 million shares in 2017Q1 were reported. Daniel Devine & accumulated 5,640 shares.

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